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107 Royal Mews
Bensalem, PA 19020
$585,000
Conventional
Property
Bedroom
3
Bathroom
4
Property Type
Conventional
Square ft
2068
Property Description
Welcome home to 107 Royal Mews, located in the highly sought after community of Waterside. Experience everything waterfront living has to offer in this semi-custom Mignatti built home with over $85,000 in upgrades, in the largest model available in the community: the Annapolis. This 3 bedroom + Den, 2 full bath, 2 half bath home is an end unit just a half block away from the Delaware River and features river views from every floor, with 4 outdoor living spaces including the “rooftop stairway to heaven” terrace. Enter the home from the ground level covered porch, right off the gorgeous Mews, and walk into your spacious foyer that includes hickory hardwood flooring, a large coat closet, den/office & mechanical room. The 2 car garage is also accessible from this level, which includes tons of storage and an additional closet inside the garage. On the second floor, your hickory hardwood flooring continues & you will find your open and inviting main living area- combo kitchen/dining/living- perfect for entertaining and gatherings. There is a balcony off the living room, along with a 8x20 rear deck off the kitchen complete with a retractable awning. The kitchen has upgraded cabinetry, an expanded pantry, quartz countertops, porcelain tile backsplash, under cabinet lighting, upgraded SS appliances, and custom pendants over island that seats 4 with ease. There is also a large half bathroom on this floor with gorgeous wainscoting. On the third floor, you will find the primary suite, with more hickory hardwood floors, a custom Closets by Design walk-in closet fit out and a full en-suite bathroom with double vanity. There are 2 more bedrooms on this floor with upgraded carpeting & 8lb padding, ceiling fans in all bedrooms, great closet space and tons of natural light pouring in. The laundry area is also on this floor with more storage inside the laundry room along with newer Samsung washer & dryer. The fourth floor features another half bathroom, and hallway leading out to your rooftop terrace with direct river views. Almost all light fixtures have been replaced throughout the home & upgraded for truly custom lighting. Custom Hunter Douglas window shades and blinds throughout the home. Simplisafe home security system, upgraded electric panel with whole-house GFCI protection. Whole-house humidifier and upgraded air cleaner. There is a three zoned HVAC with Nest thermostats, and a separate unit on the fourth floor. All doors are solid core, and there are extra hose bibs on the roof and deck. Pride of homeownership and meticulous care is evident in this pristine property- there is nothing left to do but move in, and experience the elevated Waterside lifestyle. Schedule your private viewing today.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2016
MLS Number
PABU2066596
Location
Address
107 ROYAL MEWS
City
BENSALEM
State
PA
Zip Code
19020
County
BUCKS (SOUTHEAST)
Listing
Provider
Keller Williams Main Line, original listing
Name
Keller Williams Main Line
Phone
(610) 520-0100
Office Name
Keller Williams Main Line
Office Phone
(610) 520-0100
Agent Name
Becky Rynkiewicz

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.